Dubai, UAE, August 29, 2018: Malabar Group has announced a contribution of total 7 crore Indian rupees to the Kerala flood relief. The flood that swept away almost half of Kerala has cost many life and property. The overall loss is yet to be estimated, however honourable Chief Minister Pinarayi Vijayan and government is leading a very commendable rehabilitation work. To support the activities of Chief Minister, Mr. MP Ahammed Chairman-Malabar Group handed over a cheque of INR 2 crore yesterday at Trivandrum, Kerala. He also committed a financial help of INR 5 crore for rebuilding and repairing houses lost and damaged in the flood.
This includes RS. 1 crore collected from the employees of Malabar Group. Hence, the total relief from Malabar Group is 7 crore Indian rupees. The entire relief activities will be routed through Malabar Housing Charitable Trust.
Malabar Gold & Diamonds is always at forefront when it comes to CSR activities. The group sets aside a fixed percentage of its net profit for the benefit of the needy in the respective markets it operates in. They undertake social welfare activities all year long, focusing on five priority areas such medical, educational sector, environment as well as housing and women empowerment.